Stock analysis is used by traders to make buy and sell call. It’s an approach to make informed decisions while investing in stocks. Stock analysis can be categorised into – fundamental analysis and technical analysis. Fundamental analysis is evaluation of data from sources, including financial records, economic reports, company assets, and market share. Analysts typically study the company’s financial statements – balance sheet, income statement, cash flow statement, and footnotes. These statements are made available to the investors in the form of quarterly earnings, disclosures to stock exchanges in compliance with the Securities and Exchange Board of India (Sebi) norms. In fundamental analysis, the analysts particularly check for a company's core income, income from other sources, profitability, guidance, assets and liabilities and debt ratio among other parameters. The other method, i.e. the technical analysis focuses purely on statistical data. It works on two assumptions; one, the stock price reflects the fundamentals. Second, the study of past and present movement in prices can help determine the future price trends. Technical analysis primarily deals with price, volume, demand and supply factors. This method is effective only when supply and demand forces influence the market. However, when outside factors are involved in a price movement, technical analysis may not be successful. More
"The real test of the recovery swing would be seen between 10653 and 10736. This range getting taken out would tell us that a probable retest of the all-time-high of 11171-mark," says Rajat Bose of rajatkbose.com.
Earnings downgrade to upgrade ratio moderated on a sequential basis (QoQ) as 65 companies saw earnings cut of over 3 percent (58 in 2QFY18) and 43 companies saw earnings upgrades of over 3 percent (49 in 2QFY18).
Sudarshan Sukhani of s2analytics.com is of the view that one can sell L&T, ICICI Bank, Bharti Airtel, Capital First and HPCL and can buy JSW Steel and Escorts.
The sharp correction in midcaps makes stock-picking a bit less challenging, as valuation premiums have moderated from the recent highs.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Apollo Hospitals, Interglobe Aviation and L&T and can sell Yes Bank.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell Dabur, Siemens and L&T and can buy Ashok Leyland.
Prakash Gaba of prakashgaba.com is of the view that one can sell Britannia Industries, Bharti Infratel and Hindustan Unilever.
“On the overall basis, long-term capital gains tax doesn’t look dampening and revenue growth assumptions are looking realistic. Investors should focus on sectors/stocks having agri or rural theme. Escorts, Ashok Leyland, M&M, PI Inds and UPL will be positive,” Hemang Jani, Head Equity Sales & Advisory, Sharekhan told Moneycontrol.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Jet Airways, M&M and Oracle Financial and can sell Repco Home Finance and Reliance Infrastructure.
JSW Steel, L&T and ICICI Bank, among others, are on analysts’ radar on Thursday.
Chandan Taparia of Motilal Oswal Securities recommends buying Reliance Industries, LIC Housing Finance and Larsen & Toubro.
Prakash Gaba of prakashgaba.com is of the veiw that Bajaj Auto can climb to Rs 3230 while Larsen & Toubro may test Rs 1355.
The liquidity drive which pushed benchmark indices to record highs also pushed many stocks especially in the small and midcap space to valuations beyond their historic averages.
Federal Bank, Delta and Info Edge, among others, are on the radar of investors on Tuesday.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Apollo Tyres, Infosys, L&T, Asian Paints and Ceat.
Ashwani Gujral of ashwanigujral.com recommends buying L&T Finance Holdings, CG Power and South Indian Bank.
Idea, Sobha and Biocon, among others, are being tracked by analysts on Monday.
Yogesh Mehta of Motilal Oswal recommends buying State Bank of India, Asian Paints and NHPC.
Ashwani Gujral of ashwanigujral.com suggests buying Canara Bank, Bank of Baroda and Punjab National Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Dredging Corporation, DLF and Motilal Oswal.
2018 is expected to be another good year — with the results of all policy initiatives taken in the last 2 years beginning to take shape.
The current uptrend will resume once we see Nifty breaking past the 10,480-10,500 resistance zone on a closing basis. Post which we expect Nifty making a dash towards the 10,580-10,610 zone.
Ashwani Gujral of ashwanigujral.com advises buying Aurobindo Pharma, Voltas and Sun Pharmaceutical Advanced Research Company.
Chandan Taparia of Motilal Oswal Securities recommends buying Tata Steel, Can Fin Homes and Larsen & Toubro.
Prakash Gaba of prakashgaba.com recommends buying DLF with target at Rs 260 and stop loss at Rs 237, a buy on Larsen & Toubro with a target at Rs 1256 and stop loss at Rs 1222 and a buy also on NIIT Tech with target at Rs 660 and stop loss at Rs 662.